ICGN is pleased to provide comments to the Public Company Accounting Oversight Board (PCAOB) draft Strategic Plan 2018-2022.

Investec Asset Management is the latest ICGN Member to publicly endorse our Global Stewardship Principles. Over 40 investors from around the world are listed on the ICGN website to signify join standards of stewardship policies and practices.

ICGN responds to EU Consultation which aims to establish if the EU framework for public reporting by companies is fit for purpose. The questionnaire was completed and submitted online and this is a copy of our responses. 

 ICGN is pleased that International Organization of Securities Commissions (IOSCO) is focused on the important role audit committees may play in audit quality.  Such focus, if properly applied, will improve audit quality for the benefit of investors and other stakeholders. But if the guidance fails to hit the proper topics at the correct level, it could do harm in some jurisdictions that have already progressed beyond the given guidance.

This Viewpoint report focuses on some of the key issues involved in managing Related Party Transactionss that should be considered when RPTs are being addressed. Key considerations typically include the process for approving such transactions, materiality standards and steps to ensure that proper value is established for such transactions

This Viewpoint serves to highlight the principles underlying effective board succession planning as part of the process of good corporate governance to help inform investor and company dialogue on the subject. This includes independence, refreshment, engagement, competence, integrity, transparency and inclusiveness

ICGN is pleased to respond to the Department for BEIS Consultation on insolvency and corporate governance. We are supportive of the fundamental aims of this consultation, particularly to reduce the risk of major company failures where shortcomings in governance and stewardship may be a problem. 

We are pleased to publish the ICGN Annual Review which highlights our work programme developments over the past 12 months and will be presented at the ICGN Annual General Meeting taking place on 24th June in Milan.

The International Corporate Governance Network (ICGN) is pleased to respond to the Financial Service Agency’s (FSA) public consultation on the Exposure Draft of the Revision of the Audit Standards.

Our response to this consultation on unequal voting shares builds from our 2017 submission to MCSI. ICGN is fundamentally opposed to dual class share structures and the separation of economic ownership and voting control. We believe these structures are fundamentally flawed and carry significant governance risks for minority shareholders by diluting minority shareholder protections, management entrenchment and limited accountability.